Kvika puts great emphasis on shaping sustainability within its operations. The bank published its first ESG report based on Nasdaq´s UFS guidelines (ESG Reporting Guide 2.0) at the beginning of 2020 for the operating year of 2019. 

Furthermore, since 2020 the bank has been reviewed annually in an ESG risk assessment carried by an independent third party. The results of these assessments has been that Kvika is well above average compared to other listed companies in Iceland, as the market average in 2021 shows an overall rating of 67 points out of 100, while Kvika has 83 points and is in category B1. A summary of Kvika‘s ESG rating can be found here